ETF · HSBC
HBKS Global Sukuk UCITS ETF
ISIN IE000E8WZD37London Stock Exchange: HBKSHSBC Holdings Plc
- Corporate & other bonds
- ETF
- ISA
- SIPP
- Accumulating
Latest close
LSE£8.48
on
- Ongoing charge
- 0.40% a year
- Fund size
- £27.6m
Source: TradingView, as of , at least 15 min delayed
At a glance
As of 30/09/2026, HBKS (Global Sukuk UCITS ETF, ISIN IE000E8WZD37) closed at £8.48 on the London Stock Exchange. Its ongoing charge is 0.40% a year (about £40 on £10,000). Over the three years to 30/09/2026 its total return was −0.5%, or −10.2% after UK CPIH inflation.
Past returns
- 1 year to 30/09/2026
- +0.4%
- −2.7% after inflation (UK CPIH)
- 3 years to 30/09/2026
- −0.5%
- −10.2% after inflation (UK CPIH)
Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published.
How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH
Calendar-year and 12-month returns
Calendar-year returns of HSBC Global Funds ICAV - Global Sukuk UCITS ETF Accum Shs -ETFC- USD in pounds (price, with income reinvested in the fund): 2024 +4.0%, 2025 +0.2%; 2026 to 30/09/2026 −0.3%. Returns of HSBC Global Funds ICAV - Global Sukuk UCITS ETF Accum Shs -ETFC- USD in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: −0.5%; to 30/09/2025: +4.3%; to 30/09/2024: +0.4%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | −0.3% | −3.1% | |
| +0.2% | −3.3% | ||
| +4.0% | +0.5% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | −0.5% | Not available |
| from | +4.3% | +0.3% |
| from | +0.4% | −2.1% |
Source: Fundology, from recorded closes and the data vendor’s weekly price history, as of , inflation: ONS CPIH
How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing
Risk: volatility and largest fall
Volatility (annualised)
6.2%over 3 years
| 1 year | 5.6% |
|---|---|
| 3 years | 6.2% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since September 2023
- −8.0%
- From to
- Lowest 12-month return
- −3.9%
- 12 months to
- Highest 12-month return
- +8.2%
- 12 months to
- Below its highest weekly close since September 2023
- 3.4%
- High of , latest
In words: Volatility of HSBC Global Funds ICAV - Global Sukuk UCITS ETF Accum Shs -ETFC- USD in pounds, annualised from weekly returns to 30/09/2026: 5.6% over 1 year, 6.2% over 3 years. Largest fall in the price of HSBC Global Funds ICAV - Global Sukuk UCITS ETF Accum Shs -ETFC- USD since September 2023, in pounds: −8.0% from 17/01/2025 to 27/06/2025. The lowest 12-month return of HSBC Global Funds ICAV - Global Sukuk UCITS ETF Accum Shs -ETFC- USD in pounds (price, with income reinvested in the fund) since September 2023 was −3.9% (12 months to 30/01/2026); the highest was +8.2% (12 months to 17/01/2025). On 30/09/2026 the price of HSBC Global Funds ICAV - Global Sukuk UCITS ETF Accum Shs -ETFC- USD was 3.4% below its highest weekly close since September 2023 (17/01/2025), in pounds.
Source: Fundology, from recorded closes and the data vendor’s weekly price history, as of , price, with income reinvested in the fund
How we work it out:Risk figuresFallsVolatilityLargest fall
Charges compared with similar funds
- Ongoing charge
- 0.40%
- a year
- On £10,000
- £40
- a year, roughly
- Over five years
- £198
- of £10,000, before growth
- 290 charge less
- 9 the same
- 84 charge more
Ongoing charge of HSBC Global Funds ICAV - Global Sukuk UCITS ETF Accum Shs -ETFC- USD 0.40% a year, as of 01/10/2026: 84 of the 383 other corporate and other bond funds charge more, 9 the same and 290 less (share classes counted once).
Source: Fund ongoing charges via TradingView, as of
A lower charge is not a promise of a higher return: what the fund holds matters more. Charges are the fund’s own published ongoing charges figure.
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
HSBC Global Funds ICAV - Global Sukuk UCITS ETF Accum Shs -ETFC- USD is an exchange-traded fund (ETF) from HSBC, launched in 2023.
It tracks the FTSE IdealRatings Sukuk Index.
You buy and sell it through a share-dealing account or platform during stock-market hours, like a share.
Its ongoing charge is 0.4% a year — about £40 a year on every £10,000 invested, taken from the fund's value rather than billed to you.
Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
Corporate & other bonds: Loans to companies and other borrowers, which usually pay more interest than government bonds in exchange for more risk.
Terms:ETFIndex fundUCITSAccumulating or incomeShare classISIN
Key facts
- Ticker
- HBKS
- ISIN
- IE000E8WZD37
- Provider
- HSBC
- Tracks
- FTSE IdealRatings Sukuk Index
- Structure
- ETF
- An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
- Income
- Accumulating
- Income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
- Ongoing charge
- 0.40% a year · about £40 on £10,000
- Fund size
- £27.6m
- Launched
- Domicile
- Ireland
- Can be held in
- ISA and SIPP
- Currency hedged
- No
- Price currency
- Pounds (GBP)
- Category
- Corporate & other bonds
Price chart
Since 30/07/2026, the closing price went from £8.54 on 30/07/2026 to £8.48 on 30/09/2026 (−0.6%). The lowest close shown was £8.48 on 30/09/2026 and the highest £8.54 on 01/09/2026.
Chart: closing prices we have recorded since 30/07/2026.
Source: TradingView, as of , at least 15 min delayed
Five years of prices, and after inflation
10 weekly closes, from 30/07/2026 to 30/09/2026. The same history in September 2026 pounds, adjusted with ONS CPIH inflation.
Create a free account to see the 5-year price chart and the after-inflation chart
Sign-up takes an email address. There is no card to enter and nothing to pay.
How we work it out:Prices and returnsNAV and price
Funds tracking the same index
3 funds track FTSE IdealRatings Sukuk Index, this one included and share classes counted once; their ongoing charges range from 0.38% to 0.40% a year (30/09/2026).
| Fund | 1 year |
|---|---|
| Global Sukuk UCITS ETF -ETFS- USDDistributing · 0.40% a year | −0.7% |
| Global Sukuk UCITS ETF Accum -CH- GBPAccumulating · 0.38% a year | Not reported |
| Global Sukuk UCITS ETFThis fundAccumulating · 0.40% a year | +0.4% |
Source: TradingView reported returns and fund ongoing charges, as of
Read more:Index fundsTracking differenceHow funds are compared
Other versions of this fund
Risk and return in depth
Sharpe, Sortino and Calmar ratios
Sharpe, Sortino and Calmar ratios over 1 and 3 years, from weekly returns in pounds.
With a free accountRolling returns
The full range of 108 rolling 12-month returns since September 2023, in pounds, with how often they were above zero.
With a free accountLargest falls and recoveries
The 3 largest falls since September 2023, in pounds, with how many weeks each took to reach its low and to recover.
With a free account
Create a free account to see the risk ratios, every rolling return and each large fall and its recovery
Sign-up takes an email address. There is no card to enter and nothing to pay.
Moves compared with a similar fund
Correlation and beta of weekly returns in pounds against iShares Core UK Gilts UCITS ETF, over the three years to 30/09/2026 (146 weeks).
Pro
Pro — currently by invitation
Pro includes moves against a comparable fund
Pro is open by invitation while it is being built. There is nothing to buy. To ask about access, email [email protected].
Questions people ask
What is the ongoing charge of HBKS?
The ongoing charge of HBKS is 0.40% a year — about £40 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of HSBC Global Funds ICAV - Global Sukuk UCITS ETF Accum Shs -ETFC- USD 0.40% a year, as of 01/10/2026: 84 of the 383 other corporate and other bond funds charge more, 9 the same and 290 less (share classes counted once).
What does HBKS track?
HBKS tracks the FTSE IdealRatings Sukuk Index.
Is HBKS accumulating or distributing?
HBKS is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
What is the ISIN of HBKS?
The ISIN of HBKS is IE000E8WZD37. An ISIN identifies one exact share class of a fund; HBKS is its ticker on the London Stock Exchange.
What were HBKS’s returns in each of the last five years?
Calendar-year returns of HBKS in pounds (price, with income reinvested in the fund): 2024 +4.0%, 2025 +0.2%; 2026 to 30/09/2026 −0.3%. Past performance is not a guide to future returns.
How has HBKS done after inflation?
Over the three years to 30/09/2026 HBKS’s total return was −0.5%, or −10.2% after UK CPIH inflation. Past performance is not a guide to future returns.
Similar funds
- IEBCiShares Core EUR Corp Bond UCITS ETF0.09% a year · £5.5bn
- SDIAiShares USD Short Duration Corp Bond UCITS ETF Unhedged USD0.20% a year · £3.7bn
- USC5State Street SPDR Bloomberg 1-5 Year U.S. Corporate Bond UCITS ETF Accum USD0.11% a year · £3.2bn
- SHYGiShares Euro High Yield Corp Bond UCITS ETF EUR0.50% a year · £3.1bn
- LQDAiShares USD Corp Bond UCITS ETF Acc0.20% a year · £2.9bn
- XBLCXtrackers II EUR Corporate Bond UCITS ETF0.12% a year · £2.9bn
- ECRPAmundi EUR Corporate Bond ESG UCITS ETF DR- Capitalisation0.19% a year · £2.8bn
- SUOEiShares Euro Corp Bond ESG SRI UCITS ETF Shs EUR0.14% a year · £2.5bn
Sources and dates
- Prices
- London Stock Exchange closes via TradingView, at least 15 minutes delayed, latest
- Returns
- TradingView reported returns (net asset value with income reinvested where available)
- Calendar years, risk
- Fundology, from recorded closes (weekly history from the data vendor where our record is short)
- Inflation
- ONS CPIH, latest month used August 2026
- Charges
- The fund’s ongoing charges figure, via TradingView
- Identity
- FCA Financial Instruments Reference Data System (FIRDS) and the issuer
- Fund size
- TradingView, converted to pounds at the latest ECB reference rate
Methodology:Data sourcesReturnsCategoriesAll methods
A machine-readable copy of this page: Markdown.